Form Your Company

  Are you looking for a reliable  Singapore company registration services  firm? When a creative person starts offering a new service or comes out with a new product, there are always copycats to follow a leader. After a time, the market is so full of these entities; you cannot even identify the initiator unless you were there at the start. Locating a proud Singapore company registration services provider is not an easy task for foreigners wanting to  set up a company in Singapore . It is also tricky for the Singaporean entrepreneurs who are opting for Singapore company formation for the first-time. Keep the Cost of Singapore Company Formation Down If you are bootstrapping your business, then the cost of incorporation will be your primary concern. The best option to limit it is to search for the Singapore company registration agents like SBS Consulting Pte Ltd that offer freebies. It would help if you actively searched for the promo or combo packages that offer multi...

  As the Indian government has implemented the GST from 2017, companies need to upgrade their invoicing and accounting to comply with the GST rules and slabs. Companies have to change to online software that is GST ready. By using this software, companies can easily maintain their accounts in compliance with the GST rules. Small businesses will find it difficult to get themselves customized online accounting software to comply with the new regulations. What they need is readymade software that is easy to adapt and use. Such software should also make it easy for these small companies to prepare GST compliant invoices. The software should make it easy for the company to maintain accounts as per the GST requirements. It should make it easy for even a person without training to use the software without trouble. There should be easy ways to set up the company’s account in the software.  One Accounting Software offers the  best accounting software  for your company. This i...

The managers and owners are always looking to improve their business’ performance. In practice, they have a tremendous scope of doing so by hiring one of the accounting services for small business Singapore. It allows them to escape the hellish pressure the compliance-related tasks put them under. Today, outsourced accounting services are hogging the limelight. However, only a few years ago, the business owners used to avoid going to these entities. The reason was simple. They were reluctant to share finance-related data of their business with a third-party. However, the accounting services provider in Singapore has proven their mettle. They know how to protect the sanctity of their clients’ data and the consequences of failing in doing so. Hire Outsourced Accounting Services Initially, it was the MNCs who hired third-party accounting services to take care of their non-core tasks; then the small businesses followed suit. It is a simple way of optimizing your business performance. You...

  Singapore wants to be known as a Smart Nation. It uses easy to access and secure online portals or websites to provide eServices to its businesses and citizens. BizFile+ portal used to for online  company incorporation Singapore  is one such eService. The businesses need to create their  CorpPass account  to access eServices and transact with government agencies online. These eServices have, to a great extent, eliminated physical visits to government offices, paperwork and are instrumental in saving resources. What is CorpPass? CorpPass (Singapore Corporate Access) is a corporate digital identity for Singapore businesses. As per the dictate, it is the only login method available for the businesses to transact with the agencies like  IRAS . CorpPass is also binding for the other entities, like non-profit organizations & associations. CorpPass is more convenient for the business owners and their employees to access digital eServices to fulfill their com...

The business owners, including the sole owners, try to economize by multi-tasking. They especially want to make sure of their compliance-related tasks like accounting. However, it comes at a tremendous cost. Instead, they should outsource it to accounting services for small businesses in Singapore and focus on their business's core goals. Focus on Your Core Tasks Many business owners have found that investing their time and attention in compliance-related tasks makes the business suffer. Hiring the best accounting services provider in Singapore allows them to devote time to improve their business performance. It results in the widening of their business activities and the growth of their business. Get Reputed Outsourced Accounting Services Every business's financial health needs looking after. And that is why employing experts from the accounting services for small businesses. Singapore stands out as an elegant solution. Their accountants keep track of your cash flow and repor...

The image of the company in the market is the most important thing. Apart from earning profits, it is also looked at how the company is managed from a public relations angle or administrative angle. Whether those clients connected with the company are happy or not? All the departments of the company are working in harmony or not? These are the questions that need to be answered.  Hence there is a need for a binding force that will unite all the segments of the organization and see that the business is being conducted in the most efficient manner, and productivity is touching a new high. Here is where the role of using the  services of a Corporate Secretary  gets highlighted. The following benefits accrue if Corporate Secretarial Services are used in a company. High Caliber Representation  –  Imagine a situation where you enter into a business house with a purpose and are not received well or guided well to the concerned department. You will be at a loss to under...

Modern companies are flexible in where they are located. They have found a great marketplace and home in Singapore. The experts have witnessed more than 17,000 foreign business incorporation in Singapore . Singapore is strategically located on the sea and air route between the East and West. It allows it to function as an Entrepot. The nation has capitalized on the opportunity and has come up as one of the favored destinations for entrepreneurs and foreign direct investment. Reasons for Conducting Business Incorporation in Singapore The country is politically stable and has a pro-business attitude. Its bureaucracy is honest, and there is hardly any red-tape to bother business owners. It has strong air-connectivity with the Asian markets and has sea-links with the major ports in the world. Singaporean is one of the best places to do business in. The country currently ranks 2nd for the "Ease of Doing Business" indicator in the report prepared by the World Bank. Let us see addit...

  When you have decided to opt for company registration in Singapore, your next step should be to choose the right business entity to do so. This is not a decision that you can do in a hurry as there are a number of components to it. They are as follows: ·          The extent of liabilities in the case of loss ·          Compliance requirements ·          Ease of scaling the business ·          Tax liability of the business ·          Ease of transfer of ownership You need to select the business structure that will fulfill the present and future needs of the company. A wrong choice can affect viability, credibility, branding, and growth of your business. Business Structure available to Individuals Individual business owners can start their business as a, ·  ...

Time is money for a small business owner. Spending it on technically challenging and a time-consuming task like preparing financial statements is a kind of a waste. Moreover, doing it does not earn the business any money as it is a non-core activity. Have you ever thought about hiring one of the experienced  accounting services in Singapore  to do it? Save Resources by Outsourcing to Accounting Services Here is a situation that you must tread cautiously to ensure your accurate and timely statutory compliance as dictated by ACRA. It would help if you decided whether to hand over your books of accounts to a third-party accounting firm in Singapore or keep them close to your chest. You can do them yourself or hire an in-house permanent accountant for the task. By the way, the term ‘third-party’ may have raised doubts in your mind about the sanctity of your financial transactions. The  accounting firms in Singapore  employ professional accountants are well versed in the ...